President Trump recently announced the launch of the "Stargate"artificial intelligence infrastructure project. The initiative, a joint venture between OpenAI, Oracle, SoftBank, and the UAE sovereign wealth fund MGX, is backed by a staggering $500 billion investment. With $100 billion allocated, the initial phase will see the construction of several large-scale data centers across the U.S. over the next four years. The Significance of Corporate Allian...
On January 21, 2025, President Donald Trump announced the launch of Project Stargate, a significant private-sector initiative aimed at bolstering the United States’ artificial intelligence (AI) infrastructure. This venture involves a collaboration between OpenAI, Oracle, and SoftBank, with an anticipated investment of up to $500 billion over the next four years. Key Highlights: • Formation of Stargate: The partnership, named Stargate, is set to establ...
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Softbank's recent quarterly loss stokes concerns about Vision Fund venture portfolios' ongoing losses. Despite bullish sentiment on Arm's AI market positioning, the absence of a stock-repurchase program could negatively impact share prices.
Follow me on Moomoo to stay informed and connected! Arm Holdings IPO Arm Holdings recently initiated an IPO process, and it is expected to go public later this year. Currently, Arm Holdings is owned by Softbank Group (OTCPK:SFTBY), which will be the seller of its shares. Arm Holdings itself will not sell any shares to the public, meaning that it won't generate any new cash - instead, the proceeds will ultimately flow to Softbank, which will be able to mone...
Chip design firm Arm on Tuesday said it is looking to fetch as much as $4.87 billion in its upcoming blockbuster initial public offering on the Nasdaq stock exchange in New York, according to a fresh filing. Arm submitted its updated F-1 filing with the U.S. Securities and Exchange Commission, setting out its ambitions to once again become a publicly listed company. It was previously dually listed in London and New Yo...
$NVIDIA (NVDA.US)$$SoftBank (9434.JP)$$SoftBank Group (ADR) (SFTBY.US)$ But Son and Arm’s AI promises may overstate the company’s potential, at least somewhat. Arm-based chips have appeared in some gadgets beyond smartphones and tablets, such as servers that are less power-hungry. But Arm said it does not make AI chips and is not a direct competitor to Nvidia and others that make chips that are purpose-built for AI. Nvidia’...
$SoftBank (9434.JP)$$NVIDIA (NVDA.US)$$Rivian Automotive (RIVN.US)$$Virtual Reality (LIST2139.US)$$Alibaba (BABA.US)$ Arm designs core semiconductor components and licences the blueprints, along with the fundamental code governing how software communicates with chips. The arrangement brought in US$2.68 billion revenue in the fiscal year that ended on Mar 31, making Arm one of Britain’s largest technology companies. Japan’s SoftBank Group acquired Arm for US$32 billion in 2016, ...
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